Tuesday 26 / November / 2024
Muscat: The total volume of investments by mid-2022 stood at OMR470 million in Nizwa Industrial City, a senior official said on Wednesday.
“The number of industrial projects at the end of the third quarter of this year reached 154, spread over various activities in industrial, service and commercial fields. The City is working to play a pivotal role in accelerating development in Al Dakhiliyah Governorate and the neighbouring governorates, Ahmed bin Salem Al Hajri, Director-General of Nizwa Industrial City, said.
“The city has attracted many investors from inside and outside the Sultanate of Oman and has created a diversity of investments, products and job opportunities for young people besides contributing a lot to the local economy, ” he added.
"One of the most important industrial activities provided in the city is the logistics sector. It also offers technical support for oil and gas projects, food catering services, iron cutting and shaping, furniture and wood industry, plastic industries (pipes and tanks), building materials and liquefied gas products, glass industry and industry,” he said.
Spread out in an area of 7,213,788 square metres, the Nizwa Industrial City has an occupancy rate of more than 45 per cent. In addition, Al Hajri explained that Nizwa Industrial City has contributed to providing job opportunities for national cadres.
“The total number of workers in the City's factories reached about 6,000 workers in various administrative and technical disciplines, and the Omanisation rate reached 42 per cent of the total workers in these industrial facilities,” he added.
He further said that the role of Nizwa Industrial City is not limited to just providing an ideal location for projects and providing various infrastructure services. It rather is a continuous relationship that begins before the project is conceptualised and continues further with an aim of creating an ideal, improved and attractive work environment that allows investors to succeed.
“With the establishment of Public Establishment for Industrial Estates (Madayn), setting up Masar centres in all industrial cities has opened an investment window with a unified system. It has facilitated and simplified the procedures for the investor to obtain all the necessary approvals, permits and licenses for investment projects at a one-stop station,” he said.
The effort of Madayn to form a system of integrated services that investors need has added value to the business environment that helps to attract investments in the Sultanate.
The director-general of Nizwa Industrial City confirmed that Madayn, since its establishment, has been concerned with the safety and health of workers within these cities and the nearby dwellings. “This is done on the basis of environmental studies, knowing the causes of pollution by factories, and conducting periodic inspections in the City.
